View Single Post
  #2 (permalink)  
Old 04-04-2006, 07:30 PM
Greg's Avatar
Greg Greg is offline
Super Moderator
  
 
Join Date: Dec 2005
Location: Chillicothe, Ohio
Posts: 2,179
Greg is a glorious beacon of lightGreg is a glorious beacon of lightGreg is a glorious beacon of light
Send a message via ICQ to Greg Send a message via AIM to Greg Send a message via MSN to Greg Send a message via Yahoo to Greg
You done one in that state yet? I think their lending laws restrict out of state lending to people living there. I think you can only do loans for people onwing investments or second homes and residing out of state.

I am not sure honestly but our corporate licensing chart makes note of it.

Does anyone else have some info?

I think New Century Prime will do it but on an 80/10. If I remember right 2nds have issues in that state too. Their Mortgage Mover program actually allows 100 CLTV with a 1 million max 1st.

I will look more tomorrow and fill you in. I deffinately could be wrong.
__________________
Greg Phillips
Manager
Fairfield Mortgage Company
Web : Home Forums Blog
Reply With Quote